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taxes for 98% of all americans. and lower bare year -- lowering baferiers so entrepreneurs and businesses can innovate, grow, and hire. because of these measures we're moving in the right direction. the positive signs are reel. -- real. since 2009 our economy has been expanding. over the past 43 months, private employers have added 7.6 million jobs. in fact, businesses have added more than two million jobs over the last year alone. and the end of this year, and the beginning of next year, show signs of further progress. the auto industry is growing again, manufacturing has increased. the global market has improved. american companies liked ford and apple are starting to move operations back to the united states. we sell more products made in america to the rest of the world than ever before. the cost of health care is growing at the slowest rate in years. and our deficits are half of what they were when the president took office. so we have seen the united states economy make a turn around. our economy is actually recovered faster than any other advanced economy. just as it
, but with the threat of tax. yesterday we all know better. if you like your insurance, you won't necessarily get it keep it because president obama and 279 congressional democrats chose to pass a flawed law that for many strips the choice away. i yield back, mr. speaker. the speaker pro tempore: the gentlelady's time has expired. for what purpose does the gentleman from south carolina seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: the gentleman is recognized for one minute. mr. wilson: mr. speaker, the augusta chronicle lead editorial on saturday hit the nail on the head pointing out that the real truths about the obamacare train wreck. americans remember a, quote, soothing assurance from president obama in 2009 when he was hawking his affordable care act to the masses. if you like your health care plan, you can keep your health care plan. now tell that to the hundreds of thousands of americans who already have received letters from health plans essentially telling them you are on your own, end
. for individual retirement accounts, i.r.a.'s, under the tax code. today retirees are more likely to rely on 401k's and i.r.a.'s and are less likely to have defined benefit plans from their employers. at the same time, the natural products have become increasingly complex. because the rules governing the rights of investors and the responsibilities of advisors are more than 35 years old, d.o.l. is attempting to modernize these rules and -- in order to reflect the changing nature of the retirement marketplace. given these realities it is necessary for the department to make sure that the professionals offering retirement advice have a duty to put their clients' interests first before their own or at very least tell their customers that they may be conflicting. at the same time the s.e.c. is considering moving forward on a rule making that would impose a uniform fiduciary standard of conduct for broker dealers and investment advisors, consistent with the dodd-frank act. this would ensure that whatever the business model, if an individual is providing personalized investment advice out securities to
.a.o. is releasing a report. it just shows some 8,400 people receive security clearances, while they had tax debts, which is a vulnerability, got security clearances. and the vast majority of those were top secret security clearances. so our process is obviously broken, not complete, and not adequate. until this year, o.p.m. did not even have the means to debarring persons or falsified background checks, worse o.p.m. irges g. recommended 22 individuals, have received no answer on 14 cases and informed the other eight will not be debarred. something is very wrong. it's unlikely a stricter clearance process would have prevented a deranged individual from committing murder. but this event should be a katjacy -- catalyst for congress to ways they grant access to sensitive material. two problems, one, there is way too much stuff that's classified that doesn't need to be classified. and number two, there's way too many security clearances approved. so if you markeredly increase the -- markedly increase the people that doesn't need to be classified, you have to increase the number of people. we need to
conducive to investment and manufacturing, one example being corporate tax reform so we reduce the rate for manufacturing and how that helps spur additional investment. give us the sense of being a global player in the coming from australia, give us a sense of what you think is a special about the united states. >> thank you, valerie, enter the panel here, and congratulations to being the decision part of team usa and the conversation we are having here. one thing that valerie did not mention is as an australian, global citizen, that has been with the great dow chemical company for 37 years, 22 of which i spent in asia, around china, when i came back to the united states over a decade ago, i was struck at the conversation going on in america that did not include manufacturing. how red manufacturing in america, and the psychology of consumers and our media and everywhere was assembly-line, smokestack, and it was yesterday's manufacturing. we had done it to ourselves. the notion that label costs would drive the manufacturing there had become what everybody leave it. so i think you did not
tax reform. we are reducing it even further for manufacturing and how that helps for additional investment. what you sense of think is special about the united states. , andank you, valerie everyone who are attending this incredible summit. team usa in the conversation we are having here. one thing that valerie did not mention in her introduction of me is that as an australian, global citizen that has been with a, any for cache that has been with a company for many that hasfor a companry a companyor -- with for many years -- smokestacks.s, that is yesterday's manufacturing. the notion that labor costs will drive manufacturing has become what everyone has believed. you didn't mention this, but i wrote a book "making it in america." looking at what other nationstates do is that they recognize and credible of the manufacturing value chain that the administration has in based -- embraced fully. will touch ongene it. where production goes, innovation follows. the ecosystem that we celebrate in this great country around universities and institutions and even government r&d, the ,abs t
affordable health care as everybody else. a lot of people will qualify for new tax credits under this law that will bring down costs even further. so that if you lose your job or you start a new business or you are self-employed and you are a young person looking at several jobs until you find one that sticks, you can stay insured, insurance that goes with you and gives you freedom, without fear of accidents or illness will derail your dreams. this marketplace is open now. insurance companies are competing for that business. the deal is good. the prices are low. but let's face it, we have had a problem. the web site hasn't worked the way it's supposed to over the last couple of weeks. and as a consequence, people haven't had a chance to see how good the prices for quality, affordable health insurance through these marketplaces really are. ultimately this web site, healthcare.gov will be the easiest way to shop and buy these plans because you can compare prices and see what kind of coverage it provides. but, look, there's no denying it, right now, the web site is too slow, too many people
or training pro gram for you. there's a grand argan for job where you lower the corporate tax rate, have a lower corporate tax rate, and use some of the one-time funds to strengthen our infrastructure so that your supply chains can move more quickly, so these are important components we have to do. obviously, the third one is that we have to give and we fight very hard on this, a greater sense of stability. you could say we want more manufacturing and less manufactured crises. we have not been at our best last month, but i think the future looks they think that is under our control is that they -- the signals we send at how we organize ourselves. there wereecognize places where the signal the president wanted to send was not coming through. one or two high-profile cases might be sending the signal that .e were not open for business we want to make clear that this is not a xena phobic nation. if you want to come here and make your fortune hate -- playing by the rules and make your fortune, we don't just tolerate it, we welcome you with open arms. a lot of the motivation for this select us
. [laughter] it may be not what they think. running red lights, sloppy preparation of your tax returns. people do things wrong. government does not always target bad guys or who they think are bad guys for exactly the reasons you might think. al capone was gotten on tax evasion. a lot of times we see what seems to be contextual charges brought. an investigation that has a national security agent on it results in an immigration charge or a deportation proceeding. somebody gets into their head the idea that you are doing something wrong, that can create a problem. government is made up of people who are fallible. individuals can abuse the power that has been given to them. that includes rogue actors. edward snowden did not do what the government expected. in los angeles there was the public disorder and intelligence division that compiled information and used it for political purposes. information that is collected for law enforcement and security purposes is often used on political groups. >> if i could provide some perspective. the fbi operates through mandates that are codified in statute law
tax credits available for some of the smaller employees -- employers who want to cover coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week. and that really came from a market snapshot, with help from the small business administration, of where employee benefits were in the private market based on hours of work. what was a part-time or full-time employee. what we know about the economic data is the high point of part-time workers was in 2008 and 2009, at the height of the last recession, it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i am sure that there may be some individual employers making some business decisions about how many workers they want full-time and how many part-time. but i can tell you there is no economic data or employment data that supports the notion that this is an effect of the law. >> it's my understand
Search Results 0 to 9 of about 10

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